Omnia Family Wealth LLC Grows Position in Motorola Solutions, Inc. (NYSE:MSI)

Omnia Family Wealth LLC increased its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,209 shares of the communications equipment provider’s stock after buying an additional 37 shares during the quarter. Omnia Family Wealth LLC’s holdings in Motorola Solutions were worth $531,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC increased its position in shares of Motorola Solutions by 346.2% in the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider’s stock valued at $25,000 after acquiring an additional 45 shares during the period. First Command Advisory Services Inc. bought a new stake in shares of Motorola Solutions in the fourth quarter worth about $29,000. SBI Securities Co. Ltd. purchased a new position in Motorola Solutions during the 4th quarter valued at about $30,000. Meeder Asset Management Inc. bought a new position in Motorola Solutions during the 4th quarter valued at approximately $32,000. Finally, Community Bank N.A. bought a new position in Motorola Solutions during the 1st quarter valued at approximately $32,000. 84.17% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CAO Katherine A. Maher sold 1,073 shares of the firm’s stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the transaction, the chief accounting officer now directly owns 804 shares in the company, valued at $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.44% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. William Blair reiterated an “outperform” rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wall Street Zen cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Finally, Barclays cut their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $513.25.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $419.31 on Thursday. The business has a fifty day simple moving average of $417.62 and a two-hundred day simple moving average of $436.56. The firm has a market capitalization of $69.99 billion, a P/E ratio of 35.00, a P/E/G ratio of 3.60 and a beta of 0.96. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. Motorola Solutions, Inc. has a 12 month low of $380.72 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. Motorola Solutions’s revenue was up 5.8% on a year-over-year basis. During the same period last year, the company posted $2.81 EPS. On average, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be given a $1.09 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.04%. Motorola Solutions’s dividend payout ratio is currently 36.39%.

Motorola Solutions Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.